With New Zealand Exchange Cryptopia in the midst of a liquidation process, hackers seem to consider it an easy victim. Despite it being under the supervision of Grant Thornton liquidators, criminals have stolen over $40,000.
Despite blockchain technology being nascent, it has already seen wide adoption in various fields outside cryptocurrency. The pharmaceutical industry is currently exploring the tech to improve its performance and add value.
Venezuela is amidst one of the toughest economic recessions in the country’s history. To reinforce their standing, its citizens turn to Bitcoin. The flagship cryptocurrency tends to be more stable than the Bolivar, or the Petro, an oil-backed crypto issued by the Venezuelan government.
South Korea is known for its friendly stance on innovations including cryptocurrency. The country has even announced plans for releasing their own CDBC dubbed the digital won. However, they also show support to businesses dealing with other digital currencies.
Sean Ono Lennon, the descendant of the legendary John Lennon of the Fabulous Four from Liverpool, has become an official supporter of Bitcoin. He has joined the bunch of celebrities favouring cryptocurrencies.